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Prices Paid: Buying & Leasing Experiences Land Rover LR3 Lease Questions
531 messages, Last post on Sep 02, 2008 at 9:24 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Carman - I am hoping you are still watching this forum. I am trying to work out a lease or buy on a 2006 LR3 HSE V8 with a sticker of 55,525. As of this year, they are telling me that the residual has dropped from ~70% to 68%. That seems really harsh to me and can't tell if this is from LR or the dealer. Do you have any info from LR that can give us some numbers. I am looking for 15K a year on a purchase of 52,255. Any thoughts?
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Hello all. The wife and I went to the local LR dealership (Anaheim Hills) and took the LR3 for a test drive last weekend. The off-road course was really impressive, but the on-road was what we liked the most. As a result, we're seriously considering the vehicle. So, we're looking for an '06 HSE (or perhaps an SE7-nav) and the typical sticker price is about $55K (HSE+luxury package). Without any negotiating, the salesman told us that a $0-down 48-month lease would be about $850+tax/mo. This seems quite high if you ask me. An equally (street)priced Navigator is about $660/mo for 39-months. So, what I want to know is... What should I expect to pay for this vehicle? What should I expect my monthly lease rate to be (looking for either 24 or 36 month). What would be a fair price/rate? What would be an amazing price/rate? Perhaps some of you could advise what the effective purchase price for your vehicle was and what your lease rates are? I'd need to know what the lease term is, and the number of miles per year (12K/15K) and if possible. There are other important things like the money factory (effective APR) and the the residual value, but I don't expect people to know those off the top of their heads. For instance: MSRP: $55K Negotiated purchase price: $53K Lease: $700/48-mo/15K-year Cheers, -Alan
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Hello. I just obtained a quote from the nearest dealer from my city, which is in Albuquerque, NM. After reviewing some of the postings on this page, I realize that they are quoting extremely high for a 39 MO. lease. Here's what they propose. '06 LR# HSE Sell Price $ 55825.00 + 10" DVD, tow hitch + mats $ 1120.00 15K miles per year. Money factor .00314 Taxes and 1 month security deposit up front + $ 591.00 on fees. Monthly payment of $ 978.00 The sales person did not mention any rebates whatsoever. I would appreciate any offer suggestions to make to the dealer or any leads to other dealerships where I can get a better quote.
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| I just leased an LR3 HSE, 30 months, 12K,(Heavy Duty, Luxery package, rubber mats) MSRP $56,475 for a selling price of $52,281.96. $614.00 a month plus sales tax. Alittle less than $4,000 down. | |
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Replying to: tdo123 (Feb 02, 2006 8:43 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: mrwizard32 (Feb 09, 2006 11:22 pm) I'd be happy to give you an idea of what sort of lease payment to expect to pay on this truck right now, however in order for me to do so I need you to provide me with its full MSRP and an approximate selling price. You may be able to get an idea of how much you should pay for one right now by visiting the following discussion: Sylvia, "Land Rover LR3: Prices Paid & Buying Experiences" #, 3 Mar 2005 6:49 pm. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: men2a (Feb 12, 2006 2:52 pm) The other way that you can lower your lease payment is to negotiate a more attractive selling price for the truck that you want. I don't know how much of a discount you are being given on this truck because you never mentioned its selling price, but a base '06 LR3 HSE has a whopping spread of over $4,700 between its full MSRP and dealer invoice prices. There is a lot of room to negotiate in there. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: Car_man (Feb 16, 2006 4:05 am) Interested in knowing how you source the information you have on Land Rover Capital Group's current lease programs? For those of us that have to ask  , assuming the money factor is the same, what would the buy rate lease residual be for 24mnths/10k miles on the 2006 LR3 HSE? Is it fairly safe to assume in most cases with Land Rover that it will be another 2% over the 12k miles residual? How often do the money factor/residual values fluctuate with Land Rover? Want to get a feel for whether it is safe to assume that if I see lease program information on this site from three days ago, it is probably still current. Thanks, ddwinell
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My disco ll lease is up and I want to get a LR3. Is there any special programs for leaseing LR3 se7's I won't get the HSE. I prefer to lease. I can calculate the payments from the other info available here but is there any mfg to dealer money not shown on Edmunds Incentive site??
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Replying to: ddwinell (Feb 19, 2006 11:31 am) Car_man Host Smart Shopper / Prices Paid Forums
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